According to the Romer model, tax incentives to support research and development will lead to ________
A) higher tax rates in the future
B) an increase in the general level of prices
C) a decrease in the general level of prices
D) increased per capita income
D
Economics
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The figure above shows a production possibilities frontier. In the figure, which of the following combinations of the two goods are efficient?
A) 4 million cell phones and 4 million DVDs B) 2 million cell phones and 13 million DVDs C) 5 million cell phones and 15 million DVDs D) no cell phones and 15 million DVDs E) None of these combinations is efficient.
Economics
An increase in demand for housing will reduce the availability of land for cultivation
a. True b. False Indicate whether the statement is true or false
Economics